If no money to subscribe RI and want to keep the share, better sell back and subscribe the RI proportionately so you can "gain" from the RI.... listen to Smartly... :) :)
samcck kor-kor, i tried to exit but no takers for my queue shares ... only sold some yesterday at 0.335 ..... hopefully got some clever sotongs will goreng up this good company shares for me to exit before ex date next week ....
UMWOG upcoming warrant have 7 year lifespan, exercise price at 39.5sen. Assuming premium for penny stock conservative at 35% and leverage 6.5x, warrant fair value should trade about 5 sen upon listing.
hng sifu, if tis csh call of UMWOG involving rights n free warrants is so goooooooo....oood, how come foreign funds not buying n chasing up d UMWOG share price???
OPEC sees higher oil demand, signs of tighter market
September 12, 2017 22:30 pm MYT
LONDON (Sept 12): OPEC on Tuesday forecast higher demand for its oil in 2018 and pointed to signs of a tighter global market, indicating its production-cutting deal with non-member countries is helping to tackle a supply glut that has weighed on prices.
In a monthly report, the Organization of the Petroleum Exporting Countries said the world would need 32.83 million barrels per day (bpd) of OPEC crude next year, up 410,000 bpd from its previous forecast.
OPEC said inventories were falling and that an increase in the price of Brent crude for immediate delivery to a premium over that for later supplies, known as backwardation, raised hopes that a long-awaited market rebalancing was under way.
"This is due to the shooting up of demand for prompt-loading barrels and amid increasing sentiment that the oil market will rebalance over the next year with a major drawdown in crude and product stocks," OPEC said in the report.
"This first stirring of backwardation since oil prices were above US$100 a barrel is seen as a sign of tightening supplies and strong demand."
Oil last traded above US$100 a barrel in 2014, the year in which prices began to slide due to excess supply. Crude extended gains after the release of Tuesday's report, although at about US$54, it is still half the 2014 level.
In a deal aimed at clearing the glut, OPEC is curbing output by about 1.2 million bpd, while Russia and other non-OPEC producers are cutting half as much, until March 2018.
OPEC said inventories in developed economies declined by 18.7 million barrels in July to 3.002 billion barrels, 195 million barrels above the five-year average.
hopefully those uncles & aunties read and believed all these promotional hypes & promises of brighter future .... i will be queueing to sell once price up .... if more demand i will sell at slightly higher price ... hopefully more good samaritans & promoters will continue to aggressively promote this good company with bright future & let me exit ASAP .
waiting to sell ... thank you again to all promoters & supporters of this good company with bright future . only with your comments & promoting then only will this good company share price will go up ... hopefully can exit before ex date next week.
Hi, sorry, i’m a newbie. May I ask whether I can buy 14 shares (for every 5 shares that I hold) at RM0.30 on the exercise date. How can buy/make payment?
Also, what happen if I don’t exercise the right to buy the shares?
I have 40 lots at average 1.2 = rm 48k. can any sifu here advice is it worth to subscribe the RI at rm30++ where the value of the 40 lots now is just RM 12k? :(
clear case promoters & supporters have hard time selling this good company with bright future. i believe most of these promoters' intention are to try to sell when prices rebound
before ex, says this company goodlah, got future lah, back by strong rich gov companies/funds lah, erections cuming lah' after ex, then all the negatives come out... headche headche...going to the banks ..wakaka
Careful. Some promoters have been calling for a buy since 80 sen. Now 30 sen, so buy some more to average down? These promoters went to the extent of deleting their previous posts when the share price down further.
these promoters their modus operandi are the same all the time ...
1) buy first 2) then aggresive promotion (until the bird on the tree branch can also fly down and land on their palm) 3) quickly sell when price goes up (some cases only 2-3 sens up also sell) 4) trapping all the unfortunate & uneducated old uncles & aunties
then move to another counter & repeats the same actions again over and over again
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
leek
3,617 posts
Posted by leek > 2017-09-12 10:27 | Report Abuse
smartly... got free warrants...before ex the price will also go up la...